Statements (1) and (2) are correct. Statement (3) is wrong as this report reviews (not scrap) the evolution of the Indian power sectorsince the landmark Electricity Act of 2003, with a focus on distributionas the key to the performance and viability of the sector. The report isaimed at the policy-makers and government officials, academics,and civil society in the fields of energy, governance, and infrastructure economics and finance, as well as private investors and lenders in the energy arena.